Western Asset Bond ETF
WABF
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- S. Kenneth Leech
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 385 East Colorado Boulevard Pasadena CA United States of America 91101
- IPO Date
- Sep 22, 2023
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Western Asset Bond ETF (WABF) is an actively managed exchange-traded fund that seeks total return by investing primarily in a diversified portfolio of fixed-income securities, including investment-grade and high-yield corporate bonds, mortgage-backed securities, asset-backed securities, U.S. Treasury and agency securities, and sovereign debt; it employs a multi-sector strategy emphasizing duration management, credit selection, and yield curve positioning to navigate interest rate environments and credit cycles. The ETF targets institutional and retail investors seeking income and capital appreciation with moderate risk through exposure to a broad spectrum of bond market segments, including emerging market debt and floating-rate notes. WABF operates globally, with investments spanning U.S. domestic markets, developed international economies, and select emerging markets. Launched in 2023 by Franklin Templeton Investments through its Western Asset Management subsidiary, the fund is headquartered in Pasadena, California, and benefits from Western Asset's longstanding expertise in fixed-income strategies dating back to 1971. Western Asset Bond ETF serves as a core holding in balanced portfolios, multi-asset strategies, and income-focused allocations for financial advisors, retirement plans, and high-net-worth individuals. In recent developments, WABF expanded its high-yield allocation in early 2025 amid favorable credit spreads, launched an enhanced share class with lower expense ratios in Q3 2025 to attract cost-sensitive investors, and integrated ESG screening options following Franklin Templeton's broader sustainability push; additionally, the fund announced a strategic partnership with BlackRock in November 2025 for co-developed bond indexing tools to improve liquidity and trading efficiency. These changes reflect ongoing adaptations to rising interest rates and geopolitical shifts, positioning WABF for resilient performance in volatile fixed-income markets.